Second Chances From the Second Circuit: Tiffany’s $21m Judgment Is Overturned and Remanded Back to the SDNY

The U.S. Court of Appeals in the Second Circuit found in favor of Costco in the latest chapter of an over seven-year legal battle between Tiffany and Co. (“Tiffany’s”) and Costco Wholesale Corporation (“Costco”). A three judge panel overturned the $21 million award granted to Tiffany’s, after a summary judgment decision in Tiffany’s favor in the U.S. District Court for the Southern District of New York (“SDNY”). In a unanimous decision, the court concluded that the SDNY improperly granted...
By: Knobbe Martens

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